If you need to remove your money from a
company in a tax efficientmanner then a members' voluntary liquidation could
be your best choice

Do you want to
extract your money from a company? Whether you’re a director or a shareholder
the ideal method of getting your capital is probably with a members' voluntary liquidation (MVL), which is also known a solvent liquidation. An MVL allows you to
take your money out of a solvent company, where there are still enough assets
within the business to continue trading and meeting its financial obligations.

McTear Williams &
Wood can provide you with the professional assistance necessary to fulfil all
the legal and accounting requirements of enacting an MVL. With years of
experience helping a wide range of clients perform this process, we are in the
best place to help you achieve your desired outcome. However if you are
only interested in extracting less that £25k from your business it may be more
economical to strike off your company. Find out all the facts with a solvent
liquidation meeting at our Cambridge office.

Why use us?

Experienced
business consultation
-
are you aware of all the options for your business? If you are thinking of
taking an MVL and closing down your company there could be other ways
forward.

Professional
accounting services
- an
MVL works best when all your books are in appropriate order - we can make
sure that the planning covers all this pre-appointment.

Legal
obligations
-
one of the key elements necessary to implement an MVL is a Sworn
Declaration of Solvency. There are criminal sanctions if you get this
wrong and McTear Williams & Wood can guide you accordingly.

Your next step

What are the options
available to you and what is the best way to proceed? Without expert advice it
can be tough to understand your choices and select the best course of action. At McTear Williams
& Wood we cover this in a short 1 to 2 hour free initial consultation at
our Cambridge offices, helping you understand all the responsibilities and
implications. Call us now on 0800 331 7417